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Low-interest investments are now an opportunity for fraudsters, says Quebec securities regulator

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MONTREAL – The head of Quebec’s financial regulator says the current low-interest environment causes an increase in fraud risk as investors search for higher margins. “Ten years ago, scammers could attract people by promising 20 percent interest, for instance. In today’s world with a very low rate of interest, you can be promised three per cent and it could be ...

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